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Legislation prescribing IRA’s powers in respect of the authorization and prudential supervision of insurers.

The objects and functions of the Authority shall be to

  • Ensure the effective administration, supervision, regulation and control of insurance and reinsurance business in Kenya
  • Formulate and enforce standards for the conduct of insurance and reinsurance business in Kenya
  • License all persons involved in or connected with insurance business, including insurance and reinsurance companies, insurance and reinsurance intermediaries, loss adjusters and assessors, risk surveyors and valuers